News - Panasonic Electric Works
Matsushita Electric Industrial Co., Ltd. (MEI)(NYSE:MC), best known for its Panasonic brand, commented on the media reports of April 28 in Japan about a possible alliance with SANYO Electric Co., Ltd.
Matsushita Electric Industrial Co. will adopt a new corporate name that includes its digital products brand name "Panasonic," company officials said Thursday. The corporate name change will be made in October, the officials said.
Osaka, April 23 (Jiji Press)--Japan's Matsushita Electric Works Ltd. said Monday it has acquired 80 pct of outstanding shares in major Indian wiring device firm Anchor Electricals Private Ltd. for about 50 billion yen.
By Kyodo News International, Tokyo Apr. 23--OSAKA -- Matsushita Electric Works Ltd. said Monday it has acquired an 80 percent stake in Indian electrical housing material maker Anchor Electricals Private Ltd. at a cost of about 50 billion yen.
By Kyodo News International, Tokyo Jan. 31--OSAKA -- Matsushita Electric Industrial Co. and Matsushita Electric Works Ltd. said Wednesday they will recall some 68,000 massage chairs the latter has made, as there is a risk they may catch fire.
